![](https://marketrecap.today/images/SOL.jpg)
Performance after Saturday 28-Jan | |||
Period | Pct | Chg | Momentum |
Saturday | 1.02% | 0.25 | ![]() |
Week to-date | 0.74% | 0.18 | ![]() |
January | 144.63% | 14.42 | ![]() |
SOL Analysis
Solana (SOLUSDT) price for the week to-date gained 0.74% or 0.18 higher to 24.39. At time of writing into Sunday’s trading session, Solana has decreased by -1.33% over the past 24 hours. For the record, SOLUSDT is -90.62% below all-time high of 259.96. On Saturday, SOL rose 1.02% to 24.68.
On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is falling, our analysis is that bullish momentum could be fading.
For the month-to-date, SOL is up by 144.63% or 14.42 higher.
What can we expect from Solana today?
Looking ahead for the day, we are looking at 24.96 or 24.94 (R1) as important resistance levels and daily low of 24.29 and 24.35 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A break above 24.88 would suggest bullish bias after recent positive movement.
For the week to-date, take note that Solana is rising and up by 0.74% as the pair continued to trade higher in the past few days. Prior performance for the week ending 2023-01-22 was 5.77%.
Key levels to watch out:
R3 | 25.53 |
R2 | 25.21 |
R1 | 24.94 |
Daily Pivot | 24.62 |
S1 | 24.35 |
S2 | 24.03 |
S3 | 23.76 |
Last updated: 01:25 am UTC, 29-Jan 2023